True North Leadership students with creative ideas for improving businesses

“It will really change the community!” stated Pamela, one of our local community leaders and entrepreneurs. The community will have a higher income, and even the education possibilities and the health status will improve.

Everyone is quietly listening to the words of Lillian, the trainer from Equity Bank, as she is talking about savings, good debts and bad debts, group accounts, budgeting, income, insurance, health insurance, entrepreneurship. And Salome Wanjiku is more than busy noting down these important headlines of the 3 months Financial Literacy Programme which Equity Bank is now providing to the Kenyans with a target of more than 620,000 people.

True North Leadership Academy has invited representatives for students, staff, parents, and local entrepreneurs to participate in this meeting with the trainer in Financial Literacy, Lillian.

The questions are many and they witness that there is a great interest and need for the banking products – all of them! It is a challenge for many of the families in the communities we work with, as banking products have not been very accessible to the common people of Kenya.

Charles concentrated on creating a business plan

This basically means that there is limited access to saving accounts, loans, and insurance. In many communities this has then created the need for savings groups, where a group of people join forces and by saving together also provide a possibility for credit facilities to the members in the group, as well as future possibilities for micro credit.

The low level of credit facilities has an impact on the investment opportunities, and it is clear that the access to liquidity, money, is essential for growth in Kenya.

Entrepreneurship needs capital and Financial Literacy

Financial Literacy is essential for the access to liquidity, as well as for running a business and a house hold.

We have partnered up with Equity Bank to have them giving their professional training to our students, staff, parents, partners, and the local communities around our students.

Our dream is to see the participants gain a knowledge which will enable them to move to the next step in pursuing their dreams, and our mission and vision links up very well with Equity Bank:

Mind Blogging

Changing Lives

Do you believe in the boundless potential in each of us?
Would you like to be part of making a real difference?
Would you love to see Young People being the change they want to see in this world?
Lets do this together!